Energy and Security in the Baltic Sea Region
Author | : Anton Friesen |
Publisher | : GRIN Verlag |
Total Pages | : 9 |
Release | : 2013-04-25 |
ISBN-10 | : 9783656419938 |
ISBN-13 | : 3656419930 |
Rating | : 4/5 (930 Downloads) |
Download or read book Energy and Security in the Baltic Sea Region written by Anton Friesen and published by GRIN Verlag. This book was released on 2013-04-25 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2010 in the subject Politics - Region: Russia, grade: 1,0, University of Tampere, language: English, abstract: Certainly there is Baltic energy dependence on Russia; but it is far from clear what it means. While the energy discourse is highly securitized, it is worthwhile to look at it from another, namely economical perspective: The article argues that the dependence cited is mutual: gas is traded in a long-term contract market, huge investments in infrastructure result in long-term mutual dependence. Russia as a supplier is especially interested in demand security and is eager to deliver gas on the lucrative European market. So, exaggerated, historically grounded fears of a Russian supremacy in the Baltic, of political extortions through the “gas weapon” don’t have a basis in the economy-dominated reality. Instead, Baltic States and Russia should cooperate for mutual gain.